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Chamber of Commerce calls on government to take action to reduce unemployment |
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 By the A.M. Costa Rica staff
The Chamber of Commerce of Costa Rica called on the government to implement economic reactivation measures immediately, in order to generate greater opportunities for the unemployed population. "The Chamber calls on the authorities to promote concrete actions in the fight against informality [working off the books] which not only affects people who works under these conditions, but also affects the Government, social security and formal entrepreneurs." This was the reaction of the Chamber after seeing the latest data on the unemployment rate published by the National Institute of Statistics and Census. The institute reported that the unemployment rate in the last quarter of 2018 was at 12 percent, which represents an increase of 2.7 percent compared to 2017. "The unemployed population was estimated at 294,000 people for the last quarter of 2018, of whom 148,000 were men and 146,000 women," said the institute statement. In addition, the percentage of people with informal employment was 44.9 percent, which means an increase of 3.8 percentage points with respect to the fourth quarter of 2017. This is equivalent to 971,000 people with informal employment. Informal employment includes any activity of those who work and generate some income outside the “formal work” as defined by the Labor Code. Informal employment includes street vendors, gardeners and domestic service workers, among others. |
 A.M. Costa Rica wire services photo The
unemployment rate in the last quarter of 2018
was at 12 percent, which represents an increase of 2.7 percent compared to 2017. According to the Chamber, the private sector is the only one that can generate employment in the country and reduce the high percentage of unemployment, but that it is necessary that both the executive branch and the Legislative Assembly take actions to increase business in Costa Rica. ---- What should the government do to reduce the unemployment rate? We would like to know your thoughts on this story. Send your comments to: news@amcostarica.com *Reach the place on google maps. |
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